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Cable Update (GBPUSD)

Needs to hold above the 24SMA on the 30m here imo...seems to have been the resistance line. A break here will help a move on to be sure.

Cable Update (GBPUSD)

4hr here with the fibo's thrown up shows that zero line as a pretty good target area. Below support on the 4hr...losing traction to the north side...not saying we going here today, but looks reasonable over the next few trading days to be sure. And, ...

Cable Update (GBPUSD)

Watching the steps back down to bottom.... New short term lower highs, and reaching into lower lows...support @ LOD. MACD forest about to be populated and OSMA about to go deep neg... Not a time to be holding or going long, but hey...we might find ...

Cable Update (GBPUSD)

Read your analysis on my charts yesterday....looks like you was right on the money. Followed the retrace on the 5 shorter time frames, and seen the hold below on the h4/daily for next movement southside. PA...gotta love it hey?

Cable Update (GBPUSD)

With the way we sideways trading, you might wanna keep one of your compression charts going as well.... Sitting through an entire day in what we could see as a 40 pip channel, gets to be no fun at all.

Cable Update (GBPUSD)

Stuck in channel.... This is going to be a boring trade day. 15m support, 30m resistance... Looks like a good day to go make snow angels or weed out spam from the email....

Cable Update (GBPUSD)

Good morning traders.... Looks like we found a temp ceiling on a retrace...stuck below the 24SMA on the 30m...55EMA on 15m...and the hard one to bust, the 200EMA on the 5m.... Still on the slide...would like to see a little more movement...but ...

Cable Update (GBPUSD)

And there is my loser of the day.... **Yawn** Night guys...

Cable Update (GBPUSD)

4h says that we at a price point support area (yellow line)...typically, I don't trust em...specially if you look at the 4hr really close, squint your eyes and tilt your head to the left...no, to the right...no, back to the left...ah, there it ...

Cable Update (GBPUSD)

It has to be a bull trap. Or a gartley, or a butterfly, or something.... I haven't seen anybody post the words head and shoulders in a few days...surely on some time frame one of them should show up.... buwahahahahah

Cable Update (GBPUSD)

Check out the daily lows on the hourly... If pattern is the same...we could have seen the bottom. Blue Lines.

Cable Update (GBPUSD)

Betcha I can lose my 380 faster then you can lose 36... Buwahahahaha

Cable Update (GBPUSD)

I been mostly short this week...been around for more of the downside action, this just seemed like a possibility... Even a blind squirrel finds an acorn once in a while.

Cable Update (GBPUSD)

I am not much on counter trends...so am really not sure why I am playing longs. With these last 2 plays I am +380 on the day...if I have one that trips red...I will still sleep well tonight.

Cable Update (GBPUSD)

Nice...I closed out 31 and holding the last for s/l 1.5920 and will watch for a while if I see green again.

Cable Update (GBPUSD)

Color me the sucker for a second chance.... 2 closed here, holding one @ 1.5969.

Cable Update (GBPUSD)

It was a shameful play on my part...shoulda just taken the money n run. Always another play in the making...

Cable Update (GBPUSD)

Well, +24 better then a kick in the pants... Second lot, s/l hit >>Shrugs shoulders<<....oh well

Cable Update (GBPUSD)

One lot closed for +24, holding the other, moved s/l to BE. CHA CHING!

Cable Update (GBPUSD)